- to hire, treat, or use (someone) as a symbol of inclusion or compliance with regulations, or to avoid the appearance of discrimination or prejudice:The company has been accused of tokenizing women and people of color in their advertising.
- to separate (text) into discrete words, sequences, symbols, or other linguistic units:When working with a data set using natural language, it's often useful to tokenize the text into individual words.
- to replace (sensitive or personal information, such as a bank account number) with a placeholder, usually a randomized string of characters having no meaningful value:The electronic wallet technology securely captures, tokenizes, and stores credit card information.
- to split (a tangible or intangible asset) into virtual tokens that are able to be sold or exchanged: Rather than selling a painting outright, the artist can now tokenize the product and offer digital shares of the painting.The startup hopes to tokenize movie stars, rock bands, and other celebrities, giving fans a unique opportunity to invest.